iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sees Large Volume Increase – Here’s What Happened

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) shares saw strong trading volume on Friday . 903,034 shares changed hands during trading, an increase of 46% from the previous session’s volume of 618,542 shares.The stock last traded at $127.80 and had previously closed at $130.08.

iShares Core S&P U.S. Growth ETF Stock Performance

The firm has a fifty day simple moving average of $138.58 and a 200-day simple moving average of $137.10. The company has a market capitalization of $19.36 billion, a PE ratio of 29.58 and a beta of 1.09.

iShares Core S&P U.S. Growth ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were issued a $0.1767 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

Institutional Investors Weigh In On iShares Core S&P U.S. Growth ETF

Institutional investors have recently modified their holdings of the stock. Raymond James Financial Inc. bought a new stake in iShares Core S&P U.S. Growth ETF in the fourth quarter valued at about $177,085,000. Benjamin Edwards Inc. boosted its holdings in iShares Core S&P U.S. Growth ETF by 10,090.9% in the third quarter. Benjamin Edwards Inc. now owns 599,022 shares of the company’s stock worth $79,018,000 after purchasing an additional 593,144 shares during the period. Blue Trust Inc. raised its holdings in shares of iShares Core S&P U.S. Growth ETF by 32.6% during the fourth quarter. Blue Trust Inc. now owns 1,933,528 shares of the company’s stock worth $269,437,000 after purchasing an additional 474,923 shares during the period. LPL Financial LLC grew its position in shares of iShares Core S&P U.S. Growth ETF by 2.9% during the 4th quarter. LPL Financial LLC now owns 15,302,362 shares of the company’s stock valued at $2,132,384,000 after buying an additional 425,195 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in iShares Core S&P U.S. Growth ETF by 0.7% in the fourth quarter. Bank of America Corp DE now owns 39,498,165 shares of the company’s stock valued at $5,504,069,000 after acquiring an additional 287,793 shares during the period.

About iShares Core S&P U.S. Growth ETF

The iShares Core S&P U.S. Growth ETF (IUSG) is an exchange-traded fund that is based on the S&P 900 Growth index. The fund tracks an index of US large- and mid-cap growth stocks. The index selects from stocks ranked 1-3000 by market cap based on fundamental growth factors. IUSG was launched on Jul 24, 2000 and is managed by BlackRock.